Factsheet for measure
IT-2022-21/2351
–
Updated
– measures in Italy
Subsidies for companies strongly affected by the Ukrainian crisis
Contributo imprese danneggiate dalla crisi ucraina
Background information
The Council of Ministers approved the new Aid Decree (Decree Law No. 50 of 17 May 2022 on 'Urgent measures on national energy policies, business productivity and investment attraction, as well as on social policies and the Ukrainian crisis'), the decree law that provides economic aid to companies and families to limit the consequences of the war in Ukraine on the Italian economy. Among them, it was considered important to provide monetary support to those companies that were strongly affected by the war.
Content of measure
€130 million has been provided for the provision of non-repayable grants to small and medium-sized enterprises that have suffered losses in turnover as a result of falling demand. The support is reserved for companies that meet these conditions
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in the last two years they have carried out sales transactions of goods or services with Ukraine, the Russian Federation and Belarus amounting to at least 20% of the total turnover
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in the last quarter prior to the entry into force of the "Aid Decree" they have incurred an increase in the average purchase cost of raw materials and semifinished goods of at least 30% compared to the corresponding period of 2019
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Have had a decrease in turnover of at least 30% compared to the same period of 2019
Companies will be able to apply for relief up to a maximum of €400,000 if special requirements are met.
Updates
The following updates to this measure have been made after it came into effect.
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01 January 2023
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The measure was not extended any further and is therefore considered no longer active.
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20 September 2022
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In the conversion into law, the deadline for applying for financial support (31 December 2022) is defined. The guarantee is supported by the SACE fund, a joint-stock company controlled by the Ministry of Economy and Finance, which supports companies to strengthen their liquidity.
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Use of measure
No data available.
Target groups
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Workers
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Businesses
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Citizens
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Does not apply to workers
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SMEs
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Does not apply to citizens
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Actors and funding
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Actors
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Funding
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National government
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National funds
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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Unknown
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Unknown
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Form
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Not applicable
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Not applicable
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Social partners' role in the
implementation, monitoring and assessment phase:
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Unknown
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Main level of involvement: N/A
Involvement
No data available.
Views and reactions
No data available.
Sources
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03 May 2022: Nuovi contributi a fondo perduto per PMI: la novità per fronteggiare la crisi ucraina nel DL Aiuti
(www.informazionefiscale.it)
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23 August 2022: SACE guarantees and non-repayable contributions to companies damaged by the conflict in Ukraine
(www.fiscoetasse.com)
